r/WallStreetbetsELITE • u/Soft_Cable5934 • 1d ago

Loss Fuck. We are doomed

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672 Upvotes

94% Upvoted

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243

u/prolificbreather 1d ago

Still plenty of cliff left to fall off.

61

u/SpaceViking85 1d ago

I've been screaming this to my partner for months and was looked at like a kid crying wolf. Lol. Wellp. I've also known it a going to test almost every major low point over the last year or so. This is normal recession/market crash levels right now. What does freak me out a little is there's no real strong support if we continue lower than 505.48 (current support level) and past 487.65. Then it's free-fall down to like 401.19

24

u/Blue_Skies- 1d ago

Keep going.

31

u/SpaceViking85 1d ago

Ok. $5, but that's my final offer.

16

u/parasyte_steve 1d ago

Finally I'll be able to buy stocks but by then employers will probably be paying us in company bucks

7

u/dewag 1d ago

That is the bonus part! Upcoming inflation will make it so those stocks are still unaffordable!

...to the lower and middle class anyway.

2

u/6geocurious9 8h ago

I miss Brandon!

0

u/cerberus698 1d ago

For the entire SPY trust? I'll take it!